Press release
Pest Control Products and Services Market Will hit at a CAGR of 5.3% by 2017-2026.
The complexity of causes of pest infestation and the botch of preventing them continues to influence the growth of global market for pest control products & services. Exploding urban population witnessed throughout the world and easier access to food sources and other edible products continues to govern the growth of the global market, according to the report. Presence of conducive living habitats and favorable weather for germination are also factoring pest infestation and driving the growth of global pest control services & products market. The report further stresses the impact of chemical toxicity of such products on the global market and how strict authoritative regulations in some regions are inhibiting the extensive use of pest control services. The global pest control products and services market was valued at US$ 17,931.7 Mn in 2017 and is forecasted to reach a valuation of US$ 28,590 Mn in 2026 end, displaying a CAGR of 5.3% during the period of assessment 2017-2026.
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Key Types of Pest Control Services
The growth of global pest control products & services market can be segmented on the basis of services such as chemical control services, synthetic control services, organic or biological control services and mechanical control services, among others. Biological or organic pest control services involved managing infestation through natural parasites and predators. Treating an infested environment by introducing an organic element (living organism) that negates the effect of the pest and also assists in its termination. A common example of biological or organic pest control services includes the treatment of water bodies from mosquitoes by releasing a peculiar bacterium that kills mosquito larvae breeding in the water bodies. Mechanical pest control services, on the other hand, largely depend on the products used for controlling or terminating the infestation. Hand-on techniques are implemented during employment of mechanical pest control products and services. Equipment used in these services protect a plant or an area from insects and also helps in physically removing the infestation from infected crops.
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Among other services, chemical pest control services are expected to garner the largest contribution throughout the forecast period of 2016-2026. Companies such as Massey Services, Inc., Asante Inc., Rentokil Initial Plc., Arrow Exterminators Inc., and Killgerm Ltd., among others, are some of the leading players participating in the growth of global pest control services & products market by offering effective and ideal pest control solutions
Report Analysis: https://www.researchreportinsights.com/report/rd/110114734/Pest-Control-Products-and-Services-Market
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